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Economist: Focus on mom-and-pop businesses to help the rural economy

An economist with UW-Madison argues the state should focus more on developing “homegrown” businesses rather than recruiting companies to move to Wisconsin.

“Going out and trying to recruit that business is not a good use of their time,” Prof. Steven Deller said during a recent rural innovation event held in Beloit. “Much better off working with the businesses that are already in your backyard and the entrepreneurs that are thinking of starting a business.”